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Gunnison Copper Project PEA Technical Report Reporting Post-Tax NPV8 of ~US$2.0 Billion and IRR of 22.5% is Now Filed
Phoenix, Arizona--(Newsfile Corp. - March 31, 2026) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: G...
About this update from Gunnison Copper Corp.
[{"type":"text","content":"Gunnison Copper Project PEA Technical Report Reporting Post-Tax NPV8 of ~US$2.0 Billion and IRR of 22.5% is Now FiledPhoenix, Arizona--(Newsfile Corp. - March 31, 2026) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) (\"Gunnison\" or the \"Company\") has filed the National Instrument 43-101 technical report (the \"Technical Report\") with an effective date of March 18, 2026 for the updated Preliminary Economic Assessment (\"PEA\" or \"2026 PEA\") on its 100%-owned Gunnison Copper Project located in the Cochise Mining District, Arizona, United States (the \"Project\"). The Technical Report is available on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile and on the Company's website. All dollar amounts are in US dollars and \"tons\" refer to U.S. short tons (1 short ton equals approximately 0.91 metric tonnes or 2000 lbs).Per the Company's press release dated February 25, 2026, the PEA outlines a large-scale, long-life copper project utilizing open-pit mining and heap leach SXEW processing to produce copper cathode onsite for an impactful contribution to refined copper supply in the United States. The Project has robust economics, including an after-tax NPV8 of approximately US$2.0 billion, an internal rate of return of 22.5%, and a payback period of 3.9 years at a base case copper price of $4.60/lb. Highlights:Conventional open pit, heap leach, SX/EW operation producing 99.999% pure copper cathode intended to supply United States energy, data center, manufacturing, and defense supply chainsStraightforward mine plan consists primarily of oxide copper mineralized material with a life of mine material placed on the leach pad of 541 million tons at 0.43% total copper grade, including 25 million tons at 0.85% total copper grade from the Strong & Harris satellite depositPrimary crushing on all, and secondary crushing on some material to improve copper recoveriesAverage annual copper cathode production of 174 million pounds (\"lbs\") (87 thousand tons) for the first 15 years; enough to potentially supply over 11% of the current United States domestic refined copper metal production from mineralized material1. Total copper produced 3.2 billion lbs over a 21 year mine life.Cash costs of $1.70, Sustaining Cash Costs of $2.00, and All-In Sustaining Cash Costs of $2.05 per pound of copper produced are in the low...